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Apollo Tyres Plans Share Issue

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The board of Indian tyre manufacturer Apollo Tyres Ltd. has approved a plan to raise 2 billion rupees (34 million euros) through a public issue of shares. Apollo also plans a rights issue, whereby company shareholders would get one share for every six held under the rights issue.

Related news:

  1. Apollo Tyres to Raise 2.5 billion Rupees
  2. Apollo Board Approves Share Buyback Proposal
  3. Indian Tyre Market Grows 8.3 per cent
  4. Nokian Tyres AGM Proposals
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